Coherent (COHR) Operating Margin (2009 - 2026)
Coherent (COHR) posted Operating Margin of 52.13% for Q1 2026, up 1.79% sequentially from 53.09% in Q4 2025, and up 1198.0% YoY from 4.02% in Q1 2025.
Coherent (COHR) Operating Margin (2009 - 2026) Analysis & Trends
Coherent has reported Operating Margin for 18 years, with the latest figure at 52.13% in Q1 2026.
- Quarterly Operating Margin rose 1198.0% year-over-year to 52.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.56% (up 697.0% YoY) and the FY2025 annual result came in at 63.21%, up 900.0% from the prior year.
- Operating Margin advanced to 52.13% in Q1 2026 per COHR's latest filing, from 53.09% in the prior quarter.
- Over five years, Operating Margin peaked at 49.66% in Q3 2025 and troughed at 90.88% in Q2 2023.
- A 5-year average of 65.41% and a median of 66.38% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin plunged 3316 bps in 2023, then jumped 2449 bps in 2024.
- Over 5 years, Operating Margin stood at 74.83% in 2022, then grew by 3 bps to 72.32% in 2023, then gained by 23 bps to 55.55% in 2024, then increased by 4 bps to 53.09% in 2025, then climbed by 2 bps to 52.13% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 52.13%, 53.09%, and 49.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 30.44% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 23.70% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | -47.91% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 20.04% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 20.11% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 19.14% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 13.58% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 29.36% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 24.57% |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 16.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -47.91% |
| Mar 31, 2026 | -52.13% |
| Dec 31, 2025 | -53.09% |
| Sep 30, 2025 | -49.66% |
| Jun 30, 2025 | -68.44% |
| Mar 31, 2025 | -64.11% |
| Dec 31, 2024 | -55.55% |
| Sep 30, 2024 | -64.44% |
| Jun 30, 2024 | -66.38% |
| Mar 31, 2024 | -72.32% |
| Dec 31, 2023 | -72.32% |
| Sep 30, 2023 | -79.24% |
| Jun 30, 2023 | -90.88% |
| Mar 31, 2023 | -66.50% |
| Dec 31, 2022 | -74.83% |
| Sep 30, 2022 | -70.80% |
| Jun 30, 2022 | -57.72% |
| Mar 31, 2022 | -53.52% |
| Dec 31, 2021 | -51.60% |
| Sep 30, 2021 | -50.06% |